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00 Bailey Rd - Peace Harbor 34.93 Acres of Residential Land Offered at $4,800,000 in Sanibel, FL 33957
INVESTMENT HIGHLIGHTS
- Situated on the east side of Sanibel, just past the Causeway Bridge, with easy access from Periwinkle Way, one of the island's main thoroughfares.
- In place zoning allows for 24 residential units with minimum lot areas ranging from 15,000± Sq. Ft. and 20,000± Sq. Ft. and a max height of 45.'
- 2.7 wetland credits were purchased from the Little Pine Island Mitigation bank to offset additional wetland impacts.
- Close connectivity to Sanibel Beach and Fort Myers Beach.
EXECUTIVE SUMMARY
• 0.7± miles to Sanibel Causeway Bridge
• 1.6± miles to Sanibel Lighthouse
• 3.4± miles to Fort Myers
• 10.1± miles to Fort Myers Beach
• 10.1± miles to Captiva Island
PROPERTY FACTS
| Price | $4,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 34.93 AC |
| Zoning | D1 D2 | ||
| Price | $4,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 34.93 AC |
| Zoning | D1 D2 |
1 LOT AVAILABLE
Lot
| Price | $4,800,000 | Lot Size | 34.93 AC |
| Price Per AC | $137,417.69 |
| Price | $4,800,000 |
| Price Per AC | $137,417.69 |
| Lot Size | 34.93 AC |
Sanibel Island Development Opportunity
DESCRIPTION
Peace Harbor Sanibel offers an exceptional opportunity with 34.93± acres of prime, developable land. Ideally located north of Periwinkle Way and west of Causeway Boulevard, providing convenient access via Bailey Road. As outlined in the City of Sanibel Comprehensive Plan Maps, the property spans two development intensity zones, allowing for the potential development of up to 24 residential units. This represents a unique opportunity for a developer to create an exclusive community of ±24 high-end residences on spacious lots in the highly sought-after Sanibel area.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $109,350 | Total Assessment | $725,731 |
PROPERTY TAXES
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00 Bailey Rd - Peace Harbor
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